Marc Schoenen serves as the Director of Compensation at General Motors, where he plays a pivotal role in shaping the company's compensation strategy during a transformative period as GM pivots towards an all-electric future. With extensive expertise in executive compensation, Marc collaborates closely with Compensation...
Marc Schoenen serves as the Director of Compensation at General Motors, where he plays a pivotal role in shaping the company's compensation strategy during a transformative period as GM pivots towards an all-electric future. With extensive expertise in executive compensation, Marc collaborates closely with Compensation Committees to design and implement innovative compensation programs that align with GM's strategic goals. His leadership is instrumental in deploying compensation frameworks that cater to a diverse, global workforce, ensuring that GM remains competitive in attracting and retaining top talent.
One of Marc's key initiatives involves expanding market-based pricing strategies to ensure that pay profiles are closely aligned with industry benchmarks. This approach not only enhances GM's position as an employer of choice but also fosters a culture of transparency and equity within the organization. Additionally, Marc is spearheading the introduction of geo-based pricing to adapt to the evolving landscape of compensation, reflecting regional market conditions and cost of living variations.
Marc's commitment to compliance is evident in his efforts to implement robust regulatory protocols across the benefits and compensation spectrum, safeguarding GM against potential risks while promoting ethical practices. His proficiency in financial analysis and strategic planning enables him to navigate complex compensation structures, ensuring alignment with GM's broader financial objectives. As a seasoned rewards expert, Marc Schoenen's contributions are vital in steering General Motors towards a future where people and processes are harmonized in support of sustainable growth and innovation.
